There are many components in a comprehensive estate plan. While many people think about the will and trusts, the power of attorney designations should receive equal attention. As part of your estate plan, you need to establish a financial power of attorney...
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Powers Of Attorney
Why you can’t overlook the benefit of a durable power of attorney
The idea of giving someone else control over your finances and medical decisions may not appeal to you. Giving up your personal sovereignty and entrusting your health and financial well-being to someone else requires a lot of faith in that person's decency. Concerns...
What to look for in an agent for your financial power of attorney
You have a lot of decisions to make when creating a financial power of attorney, including who you’ll name as your agent. Your agent is the person who will step in and carry out your wishes in the event that you’re unable to do so. Since this is such a big...
Advance medical directives in Colorado: 3 things to know
As people age, the fears may become more and more real. Fears of dying surrounded by strangers in a healthcare facility or being strapped to medical machines that take away dignity and a sense of what makes life meaningful.Advance medical directives help people face...
Escape from the Mayo after disagreements about treatment
Last year, a clash between doctors and a young woman and her family culminated in an escape/abduction. The family framed it as an escape, the hospital as an abduction and reported it to local law enforcement.This highlights a growing trend of patients leaving...
Planning for your digital shoe box of mementos
The quality of the Smartphone cameras has improved to the point it is hard to lug along the digital SLR. As we document the big and little occasions on these devices, image and video storage often remains digital - a Google photo account, YouTube channel or somewhere...
Why everyone needs a financial power of attorney
In our last post, we covered questions to discuss with a health care surrogate (the person your appoint to make medical treatment decisions on your behalf through advance directives, such as the medical durable power of attorney). Along the same vein, everyone needs...
Few have written down their end-of-life treatment wishes
In April, The Henry J. Kaiser Family Foundation announced survey findings regarding opinions and experiences about end-of-life care and aging. In coordination with The Economist, they poled people in the US and three other countries.Some of the U.S. findings are...
Would you know if an elderly loved one was being ripped off?
When caregivers were surveyed, they reported that 37 percent of the seniors they worked with had fallen prey to financial schemes. Another frequently cited statistic is equally disturbing: only one in 44 cases of financial exploitation is reported.Because reporting is...
Who makes medical decisions on your behalf if you cannot?
No one can predict when a serious illness or injury will strike. A neighbor had a heart attack at 40 - she was fortunate to recognize the symptoms and get help. Another neighbor who just celebrated his 80th birthday is still recovering from a debilitating stroke. Look...
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